Housing costs in Madison?
A typical home costs
$149,300, which is 55.8% less expensive than the national average of
$338,100 and 48.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Madison costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 46.1% cheaper than the state average of
$1,110.
Can I afford Madison?
To live comfortably in Madison, North Carolina, a minimum annual income of
$28,440 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Madison?
The cost of living in Madison, NC is relatively low compared to many other cities and towns in North Carolina. The median home value is around $140,000, and the median monthly rent for a one-bedroom apartment is around $650. Additionally, groceries and utilities are also quite affordable. With its lower cost of living, Madison provides residents with the opportunity to save money while still enjoying all the amenities available to them within this quaint town.